Why?
Well…..
The Auto Workers Union JUST settled contracts with the Big Three that raised benefits and salaries….
AND….
The Union IS saying that foreign car makers in the US , like Toyota , ARE their next goal…..
“At Toyota, we take great pride in showing respect for people,” Chris Reynolds, the executive vice president and chief administrative officer of Toyota Motor North America, said in a statement.
“We value our employees and their contributions, and we show it by offering robust compensation packages that we continually review to ensure that we remain competitive within the automotive industry,” he added.
The announcement follows the UAW’s decision on Monday to suspend its strike against the three major U.S. automakers — Ford, General Motors (GM) and Stellantis — after reaching a tentative deal with GM.
GM was the last of the three to strike a deal with the union, agreeing to largely the same terms as Ford and Stellantis. All three companies agreed to a 25 percent general wage increase over the life of a 4 1/2-year contract, including an immediate 11 percent raise.
They also agreed to reinstate cost-of-living adjustments and to cut the time it takes workers to reach the top wage rate to three years.
As the strike showed signs of winding down Sunday, UAW President Shawn Fain signaled that the union plans to turn its attention to organizing at other automakers….